Piche Resources Limited ( (AU:PR2) ) has issued an update.
Piche Resources Limited reported a net cash outflow of $683,000 from operating activities in the current quarter, primarily due to exploration and evaluation expenses and staff costs. Despite the operational cash outflow, the company has seen a significant cash inflow from financing activities, amounting to $9.14 million year-to-date, which strengthens its financial position.
More about Piche Resources Limited
Piche Resources Limited operates in the mining exploration industry, focusing on the exploration and evaluation of mineral resources.
YTD Price Performance: -4.71%
Average Trading Volume: 100,365
Technical Sentiment Signal: Strong Buy
Learn more about PR2 stock on TipRanks’ Stock Analysis page.